Project Risk Management
Risk Management is a process that starts the moment you are assigned as the Project Manager and continues until completion of the effort.
Project Risk Management
Risk Management is a process that starts the moment you are assigned as the Project Manager and continues until completion of the effort.
What you’ll be able to do — competencies
- Describe the key risk management concepts and terminology utilized by the Project Management Institute (PMI)
- Describe the inputs, methods, and outputs for identifying project risk
- Compare methods for prioritizing risks
- Explain the various types of risk response
- Summarize the methods for monitoring and controlling risk
Course description
Risk is present in every aspect of every project. Rather than a one-time event, Risk Management is a process that starts the moment you are assigned as the Project Manager and continues until completion of the effort. This course examines the Risk Management framework, including planning for risk, identification of risks in scope, resources and schedules, assessment of risks, and how to monitor and control risks. Students will obtain hands-on practice identifying sources and triggers for risks, writing well-crafted risk statements, and working with stakeholders to reduce or eliminate risks. This course uses project management guidelines and standard terminology from the Project Management Institute’s PMBOK® Guide.
Prerequisites
- Principles of Project Management or equivalent knowledge
Syllabus
Session 1
- Describe the key risk management concepts and terminology utilized by the Project Management Institute (PMI)
- Describe the inputs, methods, and outputs for identifying project risk
- Describe common questions for assessing the overall project risk
Session 1 Assignments
- Read Kendrick, Chapters 1-2 and pp. 249-257
Session 2
- Describe the inputs, methods, and outputs for identifying project risk. (continued)
- Describe the inputs used to identify project risk
- Describe the four major sources of project risk
- Identify the components of a well-written risk statement
Session 2 Assignments
Next available start dates
We aren’t currently offering this course, but we do update our course offerings on a regular basis. Please check back or browse our catalog for more courses that may be available now.
Interested in custom learning solutions for your team?
Tombolo Institute Corporate Solutions offers tailor-made professional development programs to meet your organization’s goals.
Get started